M5 Prices - The Unofficial BMW M5 Messageboard (m5board.com)

Cyrus · 28th April 2005, 22:42

I have been keeping an eye on prices of M5's and it seems values have really gone downhill.

People cant get rid of their 3.6's for anything over £4000 and late 3.8's around £6500. Early 3.8's no more than £5500.

Whats going on? Suddenly the prices are coming right down. Bit worried that they will be worthless very soon.

Andy-UK · 28th April 2005, 23:05

Don't forget the E60 M5 is just around the corner so all previous generation M5's are depreciating. An E39 M5 2000 plate with 50,000 miles can be had for about £17,000 which is about the same price as a new hot hatch (Civc Type-R, Astra SRi) that particular E39 has dropped £40000 in 5 years

So with the E39 looking good value for money then the E34 is going to be cheaper still. Makes for depressing reading but not a lot we can do about it.

Cyrus · 28th April 2005, 23:16

Hopefuly the prices wont fall too much.

BURTON · 29th April 2005, 00:44

They have done most of there falling now. But hey their a Classic!!

Garcia1 · 29th April 2005, 08:50

Although the E34 M5 is a very special car it still can't escape the price depreciation cycle all cars experience, there's one positive aspect to this
sickening cycle, most special high performance, low production cars usually increase in value after they hit rock bottom (have we reach the bottom yet?
I hope we have), maybe the E34 M5 will someday command as much as a
67 427/435 Vette/69 Ram Air 3/4 GTO Judge/LS6 454 Chevelle. IMHO very limited parts availability, expensive maintenance servicing, and a none existing information source is the real killer for these cars. The best way to sell a new or nearly new car (i.e. E60 or E39 M5), provide little or no parts/ information or support for the older model.

Garcia

Jahangeer · 29th April 2005, 10:27

I agree with the "fall and rise" theory - like a phoenix from the ashes these cars will rise again, look at the M3 E30. Off-course it will greatly help if there is some sort of documented history with the car too. Anyway thats my opinion.

MBrasil · 29th April 2005, 14:26

In Brazil M5 E34 and a few other cars, like S2 RS2 M3 E36 Used to cost about US$ 15.000,00 a few years ago, but today you can't find a good E34 95 for less then US$ 20.000,00 a few in very very good cond. with 40.000 km were sold this year for US$ 30.000,00 So I think this kind of thing classic cars has already began in Brazil

BURTON · 29th April 2005, 14:54

It doesn't help that in the UK its a buyers market with the 2nd hand car market flooded.

But I do think that the prices will pick up and hold in a few years on the E34 as they are a rare car.

farrell · 29th April 2005, 15:26

Quote:

Originally Posted by BURTON

It doesn't help that in the UK its a buyers market with the 2nd hand car market flooded.

But I do think that the prices will pick up and hold in a few years on the E34 as they are a rare car.

Yes, I agree
They are a rare car, but of a type that seems to get driven which says a lot about how much of a good alrounder they actually are.
They all seem to have lots of miles on them which puts many off.
BMW M parts pricing is not helpful though. Im not going to rant about suspension components but thats the issue in my eyes.

I am fairly confident that the 3.8 is probably one of the worst cars to run day to day. It is obvious that the first owners got 60 to 80 K miles of good reliable high speed fun, then all subsequent owners have there hands in their pocket permanantly...
I think it will be along time before we see prices rise on our old Panzers.

A good friend no longer with us once said of his E28 M5 :-

"You never actually own an M5, your're just looking after her for the next owner.."

So chaps...Go enjoy it.

Farrell

BURTON · 29th April 2005, 15:29

Oh I am enjoying mine!! Also is nice to see that there are fellow like minded owners also.